Obama Forces 700,000 Seniors Out Of Med Coverage

President Barack Obama is a bald faced liar and senior citizens
will die thanks to this duplicitous Chicago politician.
By Charles Benninghoff
11-20-10

Obama said while trying to pass his government takeover of your health care that you would be able to keep your doctor and health care plan. Like Jon Lovitz of Saturday Night Live, he lied and he knew it. Last year we heard it over and over, I'm talking of course about President Obama's promise that if you like your plan you can keep it. Well forget it. Today it was discovered that another 700,000 Seniors will have to change plans, because health insurers are shutting down certain types of plans because of legislative changes and looming cuts to federal funding. That is on top of the announcement in August that three million seniors would have to get new providers. Cigna Corp., Harvard Pilgrim Health Care, several Blue Cross Blue Shield plans and others aren't renewing hundreds of Medicare Advantage plans, which are Medicare policies administered by private insurers. The moves will displace some 700,000 beneficiaries who must find new policies, according to Humana Inc., a large seller of Advantage plans. For 2011, the Kaiser Family Foundation said there will be a 13% decline in the number of Medicare Advantage plans. " He lied about the Death Panels--there are two. He lied about his takeover of your health care would bring down costs. "The pullback is largely due to a 2008 law that required the plans to have networks of preferred doctors, with the idea that managed care could be less costly and aggressive marketing could be curbed. Some providers of traditional fee-for-service policies decided to close the plans rather than invest in networks. But some insurers say the federal health-care overhaul, which includes $140 billion in cuts to reimbursements for Advantage plans over 10 years, is a factor as well. Insurers are also saying as the market tightens up more plans will close and prices will go up." Why would you expect to have costs go down if you cut half a trillion dollars from Medicare and add 32 million people to be served. Oh, all of this without adding a single doctor and lowering reimbursement fee for hospitals and doctors. Thanks to the hack from Chicago, not only is our economy tanking, the value of our dollar going down 20%, but our very health is now in trouble. About 735 days to regime change--this is no longer about politics; it is about saving your life. http://yidwithlid.blogspot.com/2010/11/another-700000-seniors-will-be-forced.html? utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+Yid WithLid+%28YID+With+LID%29 for the complete article.